Explain howyou would account for the following
items/situations,justifying answers by reference to the
conceptual frameworks defintion and rcognition criteria.
a)A trinket of sentimental value only
b)You are the guarantor for your friends bank loan
i) You have no reason to belive that your friend will
default on the loan
ii) As your friend is in serious financial
dificulties,you think it is likely that he will default on
the loan
c)You receive 1000 shares in X Ltd,trading at $4 each,as a
gift from a grateful client.
d)The panoramic view of the coast from your cafes
windows,which you are convinced attracts customers to your
cafe
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If the cost of work is 20000 and retantion is 5%, tds is 1% and wct is 2%. what is d total amount have to pay?
Distinguish between trade bill and Accommodation bill
EXPAND___________MADE
Compute the following selling price for the follwing item: Basic cost CST @ 4% on basic cost freight & insurance Rs 200/- Margin @ 15% on selling price
Accounting entry for credit sales and credit purchases
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
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Let me know the chronological order to reach final accounts begining with Journalisation
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